Tassie Oswald

Tassie Oswald is a Partner at Eureka Equity Partners, a Philadelphia-based private equity firm focused on building niche-market leaders at the lower end of the middle market. She first worked with Eureka as a Summer Associate in 2008 and joined the firm full-time in 2009. She was promoted from Vice President to Principal effective January 1, 2018, and has since been elevated to Partner, becoming one of the firm's leaders alongside managers including Chris Hanssens, Christian Miller, and Jonathan Chou.

Before Eureka, Oswald worked at Goldman, Sachs & Co. in two divisions: as an Analyst in the investment banking division, where she advised corporate clients on IPOs, follow-on and convertible/hybrid equity offerings, and divestitures; and as an Analyst in the equities trading division covering NYSE-listed companies. (Eureka's official team bio emphasizes her firm roles; the Goldman Sachs detail appears in the firm's earlier promotion materials and CB Insights/aggregator profiles.)

She earned a BA in Economics and Foreign Affairs from the University of Virginia and an MBA from The Wharton School of the University of Pennsylvania. At Eureka she is responsible for transaction sourcing, evaluation and negotiation, managing senior and subordinated debt-lender relationships, and working with portfolio company management teams on strategic initiatives. She also serves on Eureka's Investment Committee.

In May 2023 Oswald received the CBIZ 2023 Women Transforming Business Award in the "Financial Strength" category. Eureka credited her with being integral to closing two platform acquisitions over the prior year, including optimizing capital structures and closing debt financings "in one of the more challenging debt markets in recent memory."

• Invests through control buyouts and flexible minority recapitalizations in profitable lower-middle-market companies (generally up to ~$100M revenue), typically deploying $10–25M of equity per deal.
• Targets niche-market leaders in sectors where Eureka has operating depth: business services, healthcare services, specialty industrials, and consumer.
• Eureka's stated approach: partner with "exceptional management teams," give operators significant ownership to align interests, and generate returns without the excessive leverage used by many middle-market buyout firms.
• Oswald's personal value-add is concentrated on the financing and capital-structure side — sourcing deals, negotiating terms, and arranging senior/subordinated debt — which Eureka highlighted in awarding-season praise for closing platform deals in tough debt markets.
• Geographic preference for the Eastern and Mid-Atlantic U.S.